The Federal Trade Commission is holding a series of roundtable events and requesting public comment to gather information on possible consumer protection issues that may arise in the sale, financing or lease of motor vehicles. The first event took place in Detroit, Michigan on April 12, 2011. The FTC’s second motor vehicle roundtable took place at St. Mary’s University School of Law, One Camino Santa Maria, San Antonio, Texas on August 2 - 3, 2011. The FTC's third motor vehicle roundtable took place at the FTC Conference Center, 601 New Jersey Ave., N.W., Washington, D.C., on November 17, 2011.
Having access to a motor vehicle is essential for many consumers to fulfill their daily obligations. It imposes a substantial expense, however, and accordingly most consumers seek to lease or finance the purchase of a new or used car. As the nation's consumer protection agency, the Commission is committed to protecting consumers in connection with these financial transactions.
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Request for Comments
Interested parties are invited to submit written comments electronically or in paper form on motor vehicle sales, financing and leasing. Submission of comments should be captioned ''Motor Vehicle Roundtables—Comment, Project No. P104811.'' Please note that your comment—including your name and your state—will be placed on the public record of this proceeding, including on the publicly accessible FTC Web site, at www.ftc.gov/os/publiccomments.shtm. Because comments will be made public, they should not include any sensitive personal information, such as any individual's Social Security number; date of birth; driver's license number or other state identification number, or foreign country equivalent; passport number; financial account number; or credit or debit card number. Comments also should not include any sensitive health information, such as medical records or other individually identifiable health information. In addition, comments should not include any ''[t]rade secrets and commercial or financial information obtained from a person and privileged or confidential,'' as provided in Section 6(f) of the FTC Act, 15 U.S.C. 46(f), and Commission Rule 4.10(a)(2), 16 CFR 4.10(a)(2). Comments containing material for which confidential treatment is requested must be filed in paper form, must be clearly labeled ''Confidential,'' and must comply with FTC Rule 4.9(c), 16 CFR 4.9(c).1 Because paper mail addressed to the FTC is subject to delay due to heightened security screening, please consider submitting your comments in electronic form. The FTC will accept comments until April, 1, 2012. If this Notice appears at www.regulations.gov/search/index.jsp you may also file an electronic comment through that website. The Commission will consider all comments forwarded to it by regulations.gov. You may also visit the FTC Web site at http://www.ftc.gov to read the Notice and the news release describing it. A comment filed in paper form should include the reference ''Motor Vehicle Roundtables, Project No. 104811'' both in the text of the comment and on the envelope, and should be mailed or delivered to the following address:
Federal Trade Commission
Office of the Secretary
Room H–113 (Annex V)
600 Pennsylvania Avenue, NW.
Washington, DC 20580
FN 1 The comment must be accompanied by an explicit request for confidential treatment, including the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. The request will be granted or denied by the Commission's General Counsel, consistent with applicable law and the public interest. See 16 CFR 4.9(c).